QQQE vs. IQM ETF Comparison

Comparison of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) to Franklin Intelligent Machines ETF (IQM)

QQQE

Direxion NASDAQ-100 Equal Weighted Index Shares

QQQE Description

The investment seeks investment results, before fees and expenses, that track the NASDAQ-100® Equal Weighted Index. The fund invests at least 80% of its assets in the equity securities that comprise the index and/or investments that have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is the equal weighted version of the NASDAQ-100 Index® which includes 100 of the largest domestic and international non-financial securities listed on The NASDAQ® Stock Market (the "NASDAQ®") based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$94.01

Average Daily Volume

247,668

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

IQM

Franklin Intelligent Machines ETF

IQM Description

The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies that are relevant to its investment theme of intelligent machines. The fund invests predominantly in common stock. Although it may invest across economic sectors, the advisor expects to have significant positions in particular sectors including technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$67.74

Average Daily Volume

4,362

Number of Holdings ^*

49

* may have additional holdings in another (foreign) market

Performance

Period	QQQE	IQM
30 Days	4.62%	7.46%
60 Days	5.09%	9.03%
90 Days	5.19%	7.71%
12 Months	21.25%	42.26%

21 Overlapping Holdings

	Symbol	Grade	Weight in QQQE	Weight in IQM	Overlap
	AAPL	C	0.94%	4.09%	0.94%
	ADI	D	0.92%	1.36%	0.92%
	ADSK	A	1.1%	1.94%	1.1%
	AMAT	F	0.92%	2.49%	0.92%
	AMD	F	0.88%	2.09%	0.88%
	ASML	F	0.8%	2.85%	0.8%
	AVGO	D	0.98%	2.12%	0.98%
	BKR	B	1.15%	0.55%	0.55%
	CDNS	B	1.04%	3.99%	1.04%
	CRWD	B	1.09%	0.85%	0.85%
	IDXX	F	0.8%	0.71%	0.71%
	ISRG	A	1.05%	5.7%	1.05%
	KLAC	D	0.83%	1.31%	0.83%
	LRCX	F	0.93%	1.19%	0.93%
	MCHP	D	0.83%	0.3%	0.3%
	NVDA	C	1.22%	13.78%	1.22%
	NXPI	D	0.92%	0.45%	0.45%
	ROP	B	0.96%	0.84%	0.84%
	SNPS	B	1.04%	3.87%	1.04%
	TSLA	B	1.31%	4.19%	1.31%
	TXN	C	1.0%	0.7%	0.7%

QQQE Overweight 80 Positions Relative to IQM

	Symbol	Grade	Weight
	TEAM	A	1.43%
	FTNT	C	1.23%
	MRVL	B	1.2%
	DASH	A	1.2%
	BKNG	A	1.18%
	TTWO	A	1.16%
	LULU	C	1.16%
	ZS	C	1.15%
	TTD	B	1.14%
	TMUS	B	1.14%
	CHTR	C	1.13%
	FAST	B	1.12%
	PCAR	B	1.12%
	ODFL	B	1.11%
	EA	A	1.11%
	NFLX	A	1.11%
	PANW	C	1.11%
	MAR	B	1.11%
	HON	B	1.1%
	MU	D	1.09%
	CSCO	B	1.08%
	PDD	F	1.08%
	WBD	C	1.07%
	GILD	C	1.07%
	ILMN	D	1.07%
	PYPL	B	1.07%
	PAYX	C	1.06%
	CPRT	A	1.06%
	ADP	B	1.06%
	ORLY	B	1.06%
	CMCSA	B	1.05%
	CTAS	B	1.05%
	INTC	D	1.05%
	VRSK	A	1.04%
	WDAY	B	1.04%
	AMZN	C	1.04%
	MNST	C	1.04%
	CTSH	B	1.03%
	INTU	C	1.03%
	GFS	C	1.02%
	XEL	A	1.02%
	ANSS	B	1.02%
	DDOG	A	1.02%
	MDB	C	1.0%
	VRTX	F	1.0%
	DXCM	D	1.0%
	META	D	0.99%
	COST	B	0.98%
	SBUX	A	0.98%
	CSX	B	0.98%
	ABNB	C	0.97%
	ADBE	C	0.96%
	ARM	D	0.96%
	ON	D	0.96%
	FANG	D	0.95%
	MSFT	F	0.93%
	CSGP	D	0.93%
	LIN	D	0.92%
	QCOM	F	0.92%
	PEP	F	0.91%
	GEHC	F	0.9%
	EXC	C	0.9%
	CCEP	C	0.9%
	MELI	D	0.89%
	ROST	C	0.87%
	AEP	D	0.87%
	KHC	F	0.87%
	KDP	D	0.85%
	MDLZ	F	0.85%
	CEG	D	0.85%
	AMGN	D	0.84%
	DLTR	F	0.83%
	CDW	F	0.81%
	BIIB	F	0.8%
	AZN	D	0.79%
	REGN	F	0.68%
	MRNA	F	0.63%
	GOOGL	C	0.53%
	GOOG	C	0.53%
	SMCI	F	0.45%

QQQE Underweight 28 Positions Relative to IQM

	Symbol	Grade	Weight
	AXON	A	-5.49%
	TSM	B	-4.05%
	PWR	A	-2.63%
	TER	D	-1.45%
	APH	A	-1.33%
	UBER	D	-1.33%
	PTC	A	-1.31%
	VMI	B	-1.2%
	ALTR	B	-1.2%
	GEV	B	-1.16%
	VRT	B	-1.1%
	ETN	A	-1.04%
	ZBRA	B	-1.02%
	AVAV	D	-1.0%
	KEYS	A	-0.8%
	PRCT	B	-0.71%
	ENTG	D	-0.65%
	IOT	A	-0.53%
	TRMB	B	-0.48%
	BSY	D	-0.39%
	FSLR	F	-0.36%
	PSTG	D	-0.35%
	PLTR	B	-0.33%
	SITM	B	-0.31%
	FTI	A	-0.26%
	OII	B	-0.26%
	ALGN	D	-0.22%
	MPWR	F	-0.19%

QQQE: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Beverages - Soft Drinks Business Services Drug Manufacturers - Major Semiconductor Equipment & Materials Specialty Retail Biotechnology Diagnostics & Research Internet Content & Information Software - Infrastructure Apparel Stores Discount Stores Diversified Industrials Electronic Gaming & Multimedia Information Technology Services Internet Content & Information Pay TV Utilities - Regulated Electric Auto & Truck Dealerships

Keywords: Nasdaq 100 S&P 500 Computing Integrated Circuits Semiconductor Mobile Devices Work From Home Smartphones Dow Jones Component Software Cloud Computing Electronics Fabless Semiconductor Companies Electronic Design Medicine Natural Gas Power Management Cloud Infrastructure Electricity Ethernet

IQM: Top Represented Industries & Keywords

Industries: Semiconductors Semiconductor Equipment & Materials Software - Application Software - Infrastructure Oil & Gas Equipment & Services Aerospace & Defense Diversified Industrials Medical Devices Scientific & Technical Instruments Auto Manufacturers Conglomerates Consumer Electronics Data Storage Diagnostics & Research Electronic Components Engineering & Construction Medical Instruments & Supplies Metal Fabrication Solar Specialty Industrial Machinery

Keywords: S&P 500 Nasdaq 100 Semiconductor Integrated Circuits Computing Semiconductor Device Fabrication Electronics Power Management Aerospace IBD 50 Smartphones Design Manufacturers Device Manufacturers Electronic Design Electronic Engineering Internet Of Things Semiconductor Devices Wireless Communication Batteries Chemical Vapor Deposition